the book of Revelation and the passages in Matthew, Mark and various other books in the Christian sacred texts might be more consistent with an Orthodox interpretation referred to as Preterism.
'Preterism is a Christian eschatological view that interprets prophecies of the Bible, especiallyDaniel and Revelation, as events which have already happened in the first century A.D. Preterism holds that Ancient Israel finds its continuation or fulfillment in the Christian church at the destruction of Jerusalem in AD 70. The term preterism comes from the Latin praeter, which is listed in Webster's 1913 dictionary as a prefix denoting that something is "past" or "beyond," signifying that either all or a majority of Bible prophecy was fulfilled by AD 70. Adherents of preterism are commonly known as preterists.' (From: Wikipedia Online Encyclopedia)
Catholics aren't into these terms, but I agree with this and a good case could be made to support it.
One can start by understanding that ancient Hebraic Israel of the Old Covenant (Biblical Judaism), it's laws, rituals and ceremonies as well as the Temple itself ended at the destruction of Jerusalem in 70AD. The rituals and laws of the Old Covenant being abolished now count for nothing, confer no grace and save no one. Worse, they bring a curse upon them who obstinately cling to them. In Gal. 3:10, St.Paul warned the Jews, "for as many as are under the works of the law, are under a curse." In his epistle to the Hebrews 7:18-19, St.Paul further declares, "there is an abrogation of the former commandment, becasue of the weakness and unprofitableness thereof. For the law brought nothing to perfection." Thus, said St.Paul, "In saying a new, He [Christ] made the former old, and that which decayeth and grows old is near its end." 8:13. Well, the final end that St. Paul was speaking of came in 70AD.
The beginning of the New covenant in the Blood of the Savior meant the end of Biblical Judaism. At the moment of the Crucifion when the Temple Veil was rent from top to bottom, God was making it known that the ceremonies of the Old Covenant were to be abolished by Christ.
Ancient Israel of the Old Covenant did find its fulfillment in the Christian Church of the New Covenant. As we read in St.Paul's epistle to the Galatians, however, the early fledgling Christian church had to struggle against "Judaizers" who thought they would combine the practices and rituals of the Mosaic Law under the Old Covenant with the religion of the New Covenant. This tendency had to be fought becasue the rituals of the Old Covenant only foreshadowed the coming of Christ and His New and Everlasting Covenant and the Sacrifice of the Mass 1Cor. 11:23-27 and to persist in those rituals after Christ's coming would be implicitly to deny that He had come. St.Paul thundered, "O senseless Galations, who hath bewitched you, that you should not obey the truth, before whose eyes Jesus Christ has been set forth, crucified among you...Did you receive the Spirit by the works of the (Old) law, or by the hearing of the faith." Gal. 3:1-2.
Israel is its own Biblical concept, while the church is a completely different Biblical concept, and putting the one into the other is incorrect, in my estimation. The Church is not the New Israel. Israel is Israel.
This is what believing in the Rapture and all its trimmings will do for you.
You are making the grand mistake of confusing Old Testament ancient Hebraic Israel and Biblical Judaism with the modern secular state of Israel whose religion (concept, as you say) is Talmudic Judaism...both of which still reject Christ, His New covenant Church and His teachings.
The New Testament teaches the Church is the New Israel.
No where does Scripture teach two Covenants still existing side by side.
The New Testament speaks of the dramatic end of the OLd Covenant and the beginning of the New and Eternal Covenant in the Blood of Jesus Christ.
St.Paul teaches it is Christ who is the "seed" of Abraham, and thus whoever is incorporated into Him, by means of Baptism, inherits the promise God made to Abraham and becomes a member of God's New Covenant people....the New Israel.
To understand we must examine Galatians 3:16-27.
"To Abraham were the promises made and to his seed. He said not: and to his seeds as of many. But as of one: And to thy seed which is Christ. Now this I say: that the testament which was confirmed by God, the law which was made after 430 years [ i.e the covenant with Moses], doth not disannul, to make the promise of no effect. For if the inheritance be of the law, it is no mor of promise. But God gave it to Abraham by promise."
That is, the fulfillment God made to Abraham is seen in Christ, who is Abraham's seed, not in the law of Moses. For if salvation were by operation of the Mosaic law, then it would not have come from God's promise to Abraham. St.Paul continues:
"Why then was the Law? It was set because of transgressions, until the seed [Christ], should come to whom He made the promise, being ordained by angels in the hand of the mediator. Now a mediator is not of one, but God is One. Was the law then against the promises of God? God forbid! For if there had been a law given which could give life, verily justice should have been by the law. But the scripture hath concluded all under sin, that the promise, by faith of Jesus Christ, might be given to them that believe. But before the faith came, we were kept under the law shut up, unto that faith which was to be revealed. Wherefore the law was our pedagogue in Christ: that we might be justified by faith."
So from this we understand that the purpose of the law was to teach (to be a pedagogue) and to punish transgressions until Christ came. The law could not of itself give life, but it did prepare the way for the fulfillment of the promise to Abraham and the giving of life (divine or sanctifying grace) and faith with the coming of Christ. St. Paul concludes:
"But after the faith is come, we are no longer under a pedagogue. For you are all the children of God, by faith in Christ Jesus. For as many of you as have been baptized have put on Christ."
That is, since Christ we are no longer under the Mosaic Law, the pedagogue. For now Faith has come, and the baptized who have faith in Christ are the children of God and the heirs of the Abrahamic covenant perfected in Christ. And while the Jewish people in the state of Israel and anywhere, remain "most dear [to God] for the sake of the Fathers" that is, becasue of the patriarchs especially Abraham and Moses, ---nevertheless---"because of unbelief, they were "broken off", from the "olive tree", which is Christ. But, "if they abide not still in unbelief, shall be grafted in: for God is able to graft them in again." Rom. 11:20-23, 28.
That is by conversion and baptism the Jews can be reincorporated into the sole and exclusive New Covenant people of God, which I would argue is the Catholic Church, just as St.Paul himself was. Of the Jewish race, "there is a remnant saved according to the election of grace" Rom. 11:5. and that remnant consists of those Jews who repent, are baptized and become members of the Chruch as St.Paul did.
He's not done with Israel,
You are so right. God's not done with the Jews. He sent His Church to complete His mission to convert them and be baptized that's exactly what St.Peter did beginning in Jerusalem. He baptized thousands into the Church Acts 1:8, and since Christ's mission extends through the end of the world, that must continue. St.John 10:16, Christ said there are other sheep that are not of this fold, that He will bring into His fold ....these "other sheep" are the Jews.